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Market still not conducive for IPO

PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

OceanaGold PH IPO approved by SEC

OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Jollibee named world’s 2nd fastest-growing restaurant brand

Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Davao residents unsure about city’s near future

DAVAO CITY (MindaNews / 23 February) – Majority of Dabawenyos are uncertain about the city’s future in the next five years, according to a study conducted by the University of Mindanao-Institute of Popular Opinion (UM-IPO). Dr. John Vianne Murcia, director of UM-IPO, said during Kapihan sa Philippine Information Agency-Davao on Friday that only 46.7 percent […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

Davao City barangays need to improve disaster response

DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

The PSE’s first IPO might be delayed until next quarter

A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

CREC likely to move IPO to Q2

The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds

On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Balai Ni Fruitas reallocates P50-M in IPO proceeds to complete commissary build

Balai Ni Fruitas said that its board approved a reallocation of its IPO proceeds, from “Store network expansion and store improvement”, to “Commissary set up”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

US airlines cancel over 2,000 flights due to massive winter storm

Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states ahead of a likely brutal freeze over the weekend. A total of 2,058 flights were canceled and 5,846 flights were delayed as of 5.30 p.m. ET, according to flight-tracking.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

United Airlines to Introduce Mile Sharing Feature for Friends and Family

United Airlines to Introduce New “Family Pooling” Feature for Mileage Plus Members United Airlines has exciting news for its Mileage Plus members. The airline is.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

GCash sets sights on further international expansion

With GCash Overseas, Filipinos in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia can now download and use the GCash app, whether they have Philippine SIMs or local mobile phone numbers in the countries or territories where they live......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

New Hampshire health officials urge vaccination as measles cases rise globally

Health officials around the world are sounding the alarm about the increasing cases of measles, particularly in the United Kingdom and the United States. While.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 21st, 2024

Chinabank reaffirms its customer focus with new campaign

Chinabank has launched a brand refresh program and digital campaign to evolve the 103-year-old bank’s brand and image, making it more resonant and engaging to a new generation of customers......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Puregold keeps rank as 9th most valuable brand in Philippines

Puregold, the flagship retail chain of businessman Lucio Co, has emerged as the only retailing business on the list of the Philippines’ most valuable brands, according to a report by London-based independent brand valuation consultancy firm Brand Finance......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024